Global Information Lookup Global Information

Inventory turnover information


In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to see if a business has an excessive inventory in comparison to its sales level. The equation for inventory turnover equals the cost of goods sold divided by the average inventory. Inventory turnover is also known as inventory turns, merchandise turnover, stockturn, stock turns, turns, and stock turnover.

and 25 Related for: Inventory turnover information

Request time (Page generated in 0.8102 seconds.)

Inventory turnover

Last Update:

In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to...

Word Count : 911

Inventory

Last Update:

interested in inventory turnover ratio or average days to sell inventory since it tells them something about relative inventory levels. Inventory turnover ratio...

Word Count : 5154

Turnover

Last Update:

the churn Inventory turnover or inventory turns, a measure of the number of times inventory is sold or used in a time period Sales turnover or revenue...

Word Count : 404

Days in inventory

Last Update:

'average days to sell the inventory' which is calculated as: Average days to sell the inventory = 365 days Inventory Turnover Ratio {\displaystyle {\mbox{Average...

Word Count : 295

Logistics

Last Update:

themselves in both physical or monetary form, such as the standard inventory turnover. Unit loads are combinations of individual items which are moved by...

Word Count : 6979

Field inventory management

Last Update:

Field inventory management, commonly known as inventory management, is the task of understanding the stock mix of a company and the handling of the different...

Word Count : 749

ITO

Last Update:

Outsourcing International Trade Organization Inventory turnover, a measure of the number of times inventory is sold or used in a certain period of time...

Word Count : 114

Inventory control

Last Update:

purchasing data, loss prevention and turnover, and customer satisfaction. An extension of inventory control is the inventory control system. This may come in...

Word Count : 1771

Supply chain

Last Update:

suggests that the aim of a tightly coupled relationship is to reduce inventory and avoid stock-outs. There are a variety of supply-chain models, which...

Word Count : 4808

Warehouse management system

Last Update:

warehouse management system is to record the arrival and departure of inventory. From that starting point, features are added like recording the precise...

Word Count : 1658

Finished goods

Last Update:

constitute the raw material of a buyer. NetSuite.com (2022-08-09). "Inventory Turnover Ratio: Trouble or Paradise?". Oracle NetSuite. Retrieved 2023-06-30...

Word Count : 210

Supply chain management

Last Update:

can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin...

Word Count : 12374

Distribution center

Last Update:

of a single facility, sharing space, equipment, labor resources, and inventory as applicable. A typical retail distribution network operates with centers...

Word Count : 2592

Stock keeping unit

Last Update:

In inventory management, a stock keeping unit (abbreviated as SKU, pronounced es-kay-YOO or SKEW) is the unit of measure in which the stocks of a material...

Word Count : 299

Food delivery

Last Update:

management system Supply chain Delivery (commerce) Field inventory management Inventory turnover Stock keeping unit Decision-making Industry classification...

Word Count : 3601

Bankruptcy prediction

Last Update:

ratio, debtors turnover, debt ratio, and current ratio had negative coefficients. The study concluded that inventory turnover, asset turnover, debt-equity...

Word Count : 1166

Inventory planning

Last Update:

does consistent inventory turnover. However, managing obsolete stock is vital to avoid potential financial issues. Structured inventory planning can also...

Word Count : 303

Order fulfillment

Last Update:

Digital copy (DC) - (D=0, P=0) Where products are digital assets and inventory is maintained with a single digital master. Copies are created on-demand...

Word Count : 969

Order processing

Last Update:

(2012). "Order Picking: Methods and Equipment for Piece Pick, Case Pick, and Pallet Pick Operations". Inventory Ops Consultation. Retrieved 1 May 2015....

Word Count : 1295

Financial ratio

Last Update:

Receivables Inventory conversion ratio 365 Days/Inventory Turnover Inventory conversion period (essentially same thing as above) Inventory/Cost of Goods...

Word Count : 1958

Distribution resource planning

Last Update:

enables the user to set certain inventory control parameters (like a safety stock) and calculate the time-phased inventory requirements. This process is...

Word Count : 188

Incredible Universe

Last Update:

Unlike Radio Shack—relatively small, with high profit margins but slow inventory turnover—Incredible Universe stores emphasized low prices, low margins, and...

Word Count : 1355

Trade route

Last Update:

passengers worldwide, covers a 15 million kilometer network, and has an annual turnover of 260 billion dollars. This mode of transportation links national, international...

Word Count : 7742

Cost of goods sold

Last Update:

Aug 14, 2020. Retrieved 2020-05-16. Jenkins, Abby (2022-08-09). "Inventory Turnover Ratio: Trouble or Paradise?". Oracle NetSuite. Retrieved 2023-07-07...

Word Count : 2776

Operational efficiency

Last Update:

drive better results. Inventory Turnover: High turnover indicates efficient management of stock, less money tied up in inventory, and reduced risk of obsolescence...

Word Count : 1278

PDF Search Engine © AllGlobal.net